Monday, July 18, 2005

urban myths...

Apparently.... you CAN buy Rolex Daytonas. The catch is, you must know people in the watch industry. Here's the thing, these things as brand new generally have a waiting list as long as your granny's shopping list and you can expect to wait at least 2 years or so before you even get to see the thing. NOT ANYMORE.

I caught a glimpse of these babies over the weekend and it's a beauty. List price of this is stainless steel Daytona is SGD$9000+++ but I was quoted SGD$19K. Yes, a mark-up of almost $10K !!! Just to show how much you can flip the watch for. Assuming.. a BIG assuming that you manage to get the watch at list price, you can easily walk over to a 2nd hand watch retailer and you can easily sell it off at $16K and make an instant $6K profit.. just like that! The demand for these babies is HUGE and it will always be there.

Good thing I don't really like the look of the Daytona. I mean.. who actaully uses these watches for their "capabilities". Even if I do get it, it's for the sake of selling it of one day for a HUGE profit.

Anyone has got $19K to spare?

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